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Suppose a bookie will give you $2 for every $1 you risk if you pick the winners in three games of a sport on a parlay card. thus, for every $1 bet, you will either lose $1 or gain $1. what is the bookie's expected earnings per dollar wagered

Sagot :

$10 is the bookie's expected earnings per dollar wagered

What is earnings per dollar?

The price-to-earnings ratio, in essence, reflects the amount of money an investor may expect to invest in a firm in order to obtain $1 of that company's earnings. This is why the P/E ratio is also known as the price multiple, as it indicates how much investors are ready to pay each dollar of earnings.

Analysts want to see a lower number for the Price-to-Sales Ratio. A ratio less than one shows that investors are investing less than $1 for every $1 in revenue earned by the company.

The formula for determining a stock's price-earnings ratio is straightforward: the market value per share divided by earnings per share (EPS).

To know more about earnings per dollar follow the link:

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